Scotland's market is still reasonably positive and Scotland continues to dominate the call centre market in the UK with some notable job announcements in the last six months. Despite the fall in oil production, new jobs are still being created in the sector in Aberdeen.However, forecasts for growth are being revised downwards to reflect the impacts of the US economic downturn and the foot and mouth epidemic.

New record office rents have been achieved in Glasgow over the past six months, with £23 ($33) per sf achieved recently at new developments at 123 St Vincent St. and 180 West George St. This compares with a previous high of £20 ($28.60) per sf.

And Ryden's research confirms that industrial property enquiry levels in the West of Scotland have increased over the last year. The highest percentage was targeted towards units in excess of 20,000 sf. Industrial development is also booming in Edinburgh with significant schemes at Edinburgh Interchange near the Newbridge Roundabout and a substantial development pipeline at Livingston. And over the past six months Aberdeen has seen a 50% increase in industrial take-up and a 100% increase in the number of transactions.

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